$6 Million Bet On Beacon Roofing Supply? 3 Stocks Insiders Are Buying
Although US stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company''s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga''s insider transactions platform. Acuity Brands The Trade: Acuity Brands, Inc. (NYSE: AYI ) Director Laura G. O''Shaughnessy acquired a total of 575 shares … Full story available on Benzinga.com
$6 Million Bet On Beacon Roofing Supply? 3 Stocks Insiders Are Buying
Although US stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company''s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga''s insider transactions platform. Acuity Brands The Trade: Acuity Brands, Inc. (NYSE: AYI ) Director Laura G. O''Shaughnessy acquired a total of 575 shares … Full story available on Benzinga.com